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How could foreclosures not be good? If you buy too large a property in too nice of a location, making it too unaffordable for you, then you don’t deserve it. In
by GaryTang 5y ago
How could foreclosures not be good? If you buy too large a property in too nice of a location, making it too unaffordable for you, then you don’t deserve it. In fact not only do you not deserve it, you should be punished for not considering you could not afford it. You are stealing from others people’s livelihoods. To equate this to oxycodone shows ignorance to the fact that 75% of housing is owned by individual investors like you and I, or your mom and pop, while oxycodone is owned by a monopoly backed by big government.
- colinmhayes 5y agoI'm not commenting on the validity of the memo, only the conflict of interest that prevents the writer from admitting if foreclosures are bad for the economy.